2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
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GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
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 GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
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GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
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GDP PC
$31,591CURRENT US$
Rnk 45 / 196
2013-2023
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GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195

About

Norway-Czechia Trade: In 2023, Norway exported $3.51B to Czechia. The main products that Norway exported to Czechia were Petroleum Gas ($3.03B), Raw Aluminium ($118M), and Fish Fillets ($84.7M). Over the past 5 years the exports of Norway to Czechia have increased at an annualized rate of 61.9%, from $316M in 2018 to $3.51B in 2023.

In 2009, Norway exported services to Czechia worth $25.9M, with Computer and information services ($11.8M), Travel ($8.15M), and Government services, n.i.e. ($2.88M) being the largest in terms of value.

Czechia-Norway Trade: In 2023, Czechia exported $1.26B to Norway. The main products that Czechia exported to Norway were Cars ($390M), Computers ($57M), and Iron Pipes ($49.5M). Over the past 5 years the exports of Czechia to Norway have increased at an annualized rate of 4.38%,  from $1.01B in 2018 to $1.26B in 2023.

In 2019, Czechia exported services to Norway worth $122M, with Travel ($44.2M), Transportation ($33.6M), and Computer and information services ($24.7M) being the largest in terms of value.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $3.51B to Czechia. The main products exported from Norway to Czechia were Petroleum Gas ($3.03B), Raw Aluminium ($118M), and Fish Fillets ($84.7M). During the last 5 years the exports of Norway to Czechia have increased at an annualized rate of 61.9%, from $316M in 2018 to $3.51B in 2023.

In 2018, Czechia exported $1.26B to Norway. The main products exported from Czechia to Norway were Cars ($390M), Computers ($57M), and Iron Pipes ($49.5M). During the last 5 years the exports of Czechia to Norway have increased at an annualized rate of 4.38%, from $1.01B in 2023 to $1.26B in 2018.

Exports from Norway (Flag) to Czechia (Flag) (2023)

Exports from Czechia (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Czechia
Top Destination
Germany$64.2B

This map shows whether countries import more from Norway or Czechia. Each country is colored based on the difference in imports they receive from Norway and Czechia or the difference in the growth in imports.

In 2023, countries that imported more from Norway than Czechia included United Kingdom ($32.6B), Sweden ($15.9B), and Denmark ($12.7B).

In 2023, countries that imported more from Czechia than Norway included Germany ($64.2B), Slovakia ($15.8B), and Austria ($9.42B).

Difference in imports from Czechia (Flag) and Norway (Flag) (2023)

Comparative Advantage Norway - Czechia

Flow
Scale

This chart compares trade between Norway and Czechia by product, considering products traded by both, Norway and Czechia.

During 2023, Norway had a large net trade with Czechia in the exports of Mineral Products ($3.03B), Animal Products ($172M), and Metals ($155M).

During 2018, Czechia had a large net trade with Norway in the exports of Transportation ($436M), Machines ($361M), and Metals ($152M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Czechia+$21MRaw Aluminium
Top Product Potential Czechia Norway+$68.1MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2009, Norway exported services to Czechia worth $25.9M, with Computer and information services ($11.8M), Travel ($8.15M), and Government services, n.i.e. ($2.88M) being the largest in terms of value.

In 2019, Czechia exported services to Norway worth $122M, with Travel ($44.2M), Transportation ($33.6M), and Computer and information services ($24.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Czechia (Flag) (2009)

Services Exports from Czechia (Flag) to Norway (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and Czechia. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Norway.

Product Space of Norway (Flag) and Czechia (Flag) (2023)

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